Claiming Home Office Expenses

and maximizing your financial position. Be sure to discuss all the opportunities available to you with a qualified tax professional. Check out our Talk to an Accountant advisory services to

How to Know Which Taxes You Need to Collect

…bookkeeper and/or accountant can do your recordkeeping, file your taxes, and ensure you’re using all tax deductions and credits available to you. To find an accountant, you can refer to

How to Exit Your Business: Your Legal Requirements

…their business’s succession: only 10% have a formal, written succession plan, 38% have an informal unwritten plan, and the remaining 52% do not have any succession plan at all. Having…

How to get a Mortgage as a Small Business Owner

…if you aren’t ready to buy right away, it can take time to prepare and build a strong. By taking the time to by keeping detailed documents, you can set…

3 Year-End Accounting Tips for Your Business

and balance sheet to identify any year-end tax strategies that may be beneficial to the business. These strategies may include deferring income, making purchases, and contributing to a retirement plan.  …

Meet Nicole Ling, Nima Apparel

…wedding and honeymoon. During this time, I started looking into fabric manufacturing and began to think I could do this. I spoke to Marissa (my wife), and she was so…

How to Comply with New Laws as You Grow

…allows you to strengthen your operations, gain access to new markets, and acquire new technologies, resources, and skills. Attracting foreign investment can be critical to your business as an added…

How to Exit Your Business: The Financial Implications

…you will be required to pay: Any outstanding taxes and payroll remittances to the Canada Revenue Agency Any wages or salaries owed to your employees Any secured debt, as secured…

Top 5 Tips to Manage Your HR When Exiting

…lawyer to review your contracts and to provide a legal opinion regarding any obligations or liabilities. Hire an accountant. Enlist the services of an accountant who specializes in small business…

Explaining Small Business Tax Audits

and your bookkeeper or accountant. Don’t be afraid to ask questions if you need help understanding what they’re looking for. It’s always better to ask than give an incorrect answer….